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Old 09-29-2011, 06:41 AM   #21
Belmont Resident
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Default Cost of stove?

Quote:
Originally Posted by Slickcraft View Post
We brought home two ton from Lowe's today total cost $394.

Taking into consideration the efficiencies of our pellet stove and our oil burner being the same 83.5%, it would take about 240 gal of #2 oil to get the same heat output as the 2 ton of pellets. At today's $3.499/gal that would run $828, more than double the cost of the pellets.
Are you also factoring in the cost of the stove and installation into the numbers? On many the savings doesn't start until after many years.
I'm with you, I burn wood here and in Maine but have also gotten hand me down stoves so I have no depreciation to factor in so for us it is all savings from the beginning.
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